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Comment Re:Unterminated quotation (Score 1) 405

(Addendum) Apparently, this may be rooted in the archaic practise of:

“Using a
“quotation mark at the
“beginning of every line
“of the quoted text. This
“practise was actually
“pretty commonplace during
“the Georgian and Victo-
“ian Eras.”

Curiously, this is:

> Strongly reminiscent
> of what a quoted
> message looks like
> in emails and newsgroups.
> The cycle is now complete.

Or, you could say that:

/* modern quotes
are like block
comments */

whereas...

// Victorian
// quotes
// are like in-line
// comments.

I think that's neat. :-)

Comment Re:Unterminated quotation (Score 1) 405

I'm not sure that's true. In my experience, an unterminated quotation is meant to span paragraphs until its termination (although, confusingly, subsequent paragraphs must begin with the quote to remind you that it is still open. Like this:

http://english.stackexchange.c...

“That seems like an odd way to use punctuation,” Tom said. “What harm would there be in using quotation marks at the end of every paragraph?”

“Oh, that’s not all that complicated,” J.R. answered. “If you closed quotes at the end of every paragraph, then you would need to reidentify the speaker with every subsequent paragraph.

“Say a narrative was describing two or three people engaged in a lengthy conversation. If you closed the quotation marks in the previous paragraph, then a reader wouldn’t be able to easily tell if the previous speaker was extending his point, or if someone else in the room had picked up the conversation. By leaving the previous paragraph’s quote unclosed, the reader knows that the previous speaker is still the one talking.”

“Oh, that makes sense. Thanks!”

Comment This sounds... familiar.... (Score 3, Funny) 152

By implementing these standards, you will be adopting the only internationally-recognised and agreed standards for software testing, which will provide your organisation with a high-quality approach to testing that can be communicated throughout the world.

....Be the first on your block to collect all five! GOTTA CATCH 'EM ALL!

Comment Re:Can we just recognize it as currency and be don (Score 1) 172

I would guess that one reasons that retailers are converting BTC to local currency immediately is that it is insanely volatile right now, so holding BTC comes with risk. If the value becomes more quiescent (say, on a par with the USD), and if the retailers can purchase their supplies from other retailers who also accept BTC, then direct re-spending of BTC would rise without the vendor going through an exchange first. Which would be ideal, since any exchange is going to skim a little off the top.

See, I also think cryptocurrencies in their present form have a good chance of failing, but for very different reasons:

1. The blockchain doesn't appear to scale well. It takes a long time to verify transactions, and we're hardly stressing BTC to reasonable levels. 1.2 million users is paltry compared to the population of the world. One would ideally need something like a BTC credit card, where actual transactions are mediated by insured banks that act as buffers, providing the illusion of "instantaneous" and "reversible" transactions for a fee that might be paid for by either card holders or merchants. The bank would then take on the risk of a transaction subsequently failing to verify, using typical means to go after the offending party to get the funds back.

2. It all goes south when the power's out. If there's a widespread blackout or communications outage, I can't use my BTC. I can use the bills in my wallet, or even trade the physical goods/services I have for the ones I need. Of course, you might say that credit/debit cards have the same problem, and increasingly that's what we use for daily purchases. If the computing infrastructure of the world were to collapse, I'd say we'd have bigger problems to deal with -- but I still like the idea of coins and paper money as a backup for temporary outages.

3. Properly securing a wallet is hard, and using a compromised wallet is easy. Have you seen what people do to print a secure paper wallet? Disconnecting the printer from the internet, etc.? Average Joes and Janes won't do it. And then access to that single number gives a thief access to however much money you've got in the wallet. Since some folks are storing tens of thousands of USD in wallets, thieves are highly motivated. Money has to be simple to use.

But all this is tangential to the original discussion: do we need special regulation of cryptocurrencies? To which I say, no. Like it or not, they're being widely used as currencies, moreso than the native currencies of certain island nations, so we might as well treat them as such. Now, they may be a bad implementation of a currency, but that's another topic entirely.

Comment Re:Your lack of a clue is not my problem. (Score 1) 172

Hmm, I can't at all see where I "personally attacked you", although I do see you lashing out a lot. But that's ok, son... I ain't mad. :-)

It does seem like you're having a lot of problems convincing people on this thread. Maybe if you stated clearly why you think a cryptocurrency valued at 7.5 billion US$ isn't a real currency just because there's no government backing it, you might get some folks to see things your way. But saying things like "your argument is irrelevant" or "you can't debate facts" without telling us what facts you're talking about is just going to make those people grin and shake their heads.

Comment Re:Extra-double illegal because it's digital!!! (Score 1) 172

Again, agreed. I think the reason people leap to the idea of "regulating" Bitcoin is that it has notoriously been used for shady purposes due to its effective untraceability (yes, you can find out that X BTC were transferred into wallet Y, but finding the real-world owner of Y can be difficult, and can be made even moreso).

But there may be other regulations in place regarding "currency" that pertain to banks and exchanges, and perhaps that is what the OP was thinking. But even so, I don't think we should have special rules for cryptocurrencies, any more than we should have special rules for Canadian dollars. If it's a popular medium of exchange, then it's a de facto "currency", Webster's be damned. And if it's a currency, we know how to deal with it.

The only one thing we can't do with BTC and its ilk is appeal to a central regulating authority, like a government. But given that a consortia of mining pools could collectively control >51% of BTC transactions and act as a regulating authority (deploying changes to the protocol where beneficial, etc.), that may not be infeasible.

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